Cryptocurrency Market: Update on 13-05-2025
The cryptocurrency market is witnessing notable volatility. Bitcoin (BTC) has just dropped below the 102,000 USD mark, currently trading at 101,887.70 USD each. The decrease of 0.62% today demonstrates the ongoing volatility.
In the past 24 hours, the total value of liquidated contracts reached 505 million USD, recording both long and short positions being liquidated. Notably, the short position of 'Hyperliquid 50x Address' reversed and realized a profit of 1.18 million USD, closing quickly to secure gains.
Notably, spot Bitcoin ETFs had a net inflow of 3,569 BTC, while Ethereum saw a net inflow of 8,070 ETH. This indicates significant interest in cryptocurrency from investors.
On 12-05-2025, Ethereum (ETH) briefly fell below 2,500 USD, increasing by 1.36% that day. At the same time, Bitcoin was pushed down below 103,000 USD, decreasing by 1.30% for the day.
Spot Bitcoin ETFs reported a net inflow of 934 million USD last week, marking four consecutive weeks of net inflows. These movements reflect the strong fluctuations in the cryptocurrency market.
Source: https://tintucbitcoin.com/btc-giam-xuong-102-nghin-usd-giam-062-hom-nay/
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